A major development in the biodiversity space was the passing last year of the Australian Government's Nature Repair Act, introducing certificates to underpin a biodiversity market (running alongside the burgeoning carbon market). Australia is actually the first country to introduce such a centrally regulated biodiversity market.
The Alluvium Foundation has brought together outstanding speakers to explore the opportunities and challenges of such a Nature Repair Market. They will be holding two online lunchtime seminars (Wednesday April 24 and May 1). This introduces a topic that could represent a fundamental change in the way the environment is protected and repaired in Australia and globally.
Session 2: Wed May 1 (1pm - 2pm) - Challenges of biodiversity markets
Risks, opportunities, and net outcomes of biodiversity markets (Dr Megan Evans, UNSW)
An ecological perspective (A/Prof Patrick O’Connor, Uni of Adelaide)
Challenges of biodiversity markets (Dr Neil Byron, Director, Natural Capital Economics).